Investment logic of the textile and apparel industry
As a traditional and mature industry, textile and apparel industry has become an important area in the Chinese A-share market with over 180 A-share listed companies in the whole China industry chain. Textiles and garments belong to the large consumer sector, with more emphasis on optional consumption.
In the consumer sector, under the performance-driven investment logic, the factors that determine the company’s performance among many listed companies largely determine the capital market performance of the listed companies.